Franklin Lakes vs Elizabeth
| Franklin Lakes | Elizabeth | |
|---|---|---|
| Population | 11,007 | 135,665 |
| Median Household Income | $235,795 | $66,555 |
| Median Home Value | $1,264,000 | $449,300 |
| Median Gross Rent | $3,230/mo | $1,523/mo |
| Homeownership Rate | 88.9% | 25.6% |
| Unemployment Rate | 2.3% | 7.7% |
| Bachelor's Degree or Higher | 77.4% | 14.6% |
| Median Age | 46.3 | 35.8 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.